Thursday, November 18, 2010
eldora development environmentally safe gold recovery technology
Environmentally Safe Gold Recovery Technology ... Our technology has no up-front cost to the client due to the low capital cost of the equipment. Eldora Gold will start by ...
Using Gold to Monitor Market’s Reaction to QE2 – Eldora Gold Resources News
Eldora Gold Resources Canada News- A Wall Street Journal article today on quantitative easing (QE) hints the Fed will take a middle of the road approach in terms of the size and duration of QE2. As we would expect, the stock and commodity markets’ initial reaction is negative. A middle of the road approach to QE seems counter intuitive to the Fed’s own historical analysis of why quantitative easing was ineffective in Japan. In CCM’s July 2010 review of James Bullard’s Seven Faces of “The Peril,” our read between the lines interpretation of Bullard’s take on QE included:In order for quantitative easing to sufficiently increase future inflation expectations, market participants must believe the Fed will do “whatever it takes for as long as necessary” to obtain the objective of sufficiently positive inflation. This means the Fed must be willing to leave balance sheet expansion in place for as long as necessary to create expectations of higher future inflation by market participants (consumers, investors, companies, etc. ). This reminds us of past “bazooka-like” policy moves, where policymakers would say, “You think we can’t create positive inflation? Just watch.
Eldora Gold Resources Canada News- The key to next week’s Fed statement on quantitative easing will be how they address the concept of “whatever it takes for as long as necessary. ” We can use gold and the US dollar to monitor the market’s reaction to QE2 and the stock market. On October 11th in U. S. Dollar Could Rally In Coming Weeks, we hypothesized QE2 could be a “buy the rumor, sell the news event” relative to risk assets. Since October 11th, the dollar index has moved from 77. 18 as high as 78. 36; a move above 78. 36 would increase the odds of the US dollar having a multi-week countertrend rally. On October 13th with the S&P trading at 1,169, we listed 1,196 as a possible short-term upside target. The S&P 500′s intraday high on October 25th was 1,196, which means we have entered a zone where the odds of a short-to-intermediate-term reversal have increased (emphasis on odds). Stock market breadth on October 26th was weak, adding to the list of concerns over the next few days. Eldora Gold Resources Canada News- We recently mentioned some yellow flags in the gold market. Thus far, gold is holding up well enough that a push to new highs still could be in the cards. From a short-term bearish perspective, a break of the thin blue trendline below would increase our concerns about a correction in gold. The long-term fundamentals for gold remain sound. As we monitor gold, QE and the dollar, we must also consider the possible impact on “weak dollar assets” such as gold, silver, copper, oil, agricultural commodities, Australian dollar, Canadian dollar, and emerging markets.
Video: What Is Quantitative Easing?Eldora Gold Resources Canada News- In part three of our six part series on quantitative easing, we examine Fed statements, writings, and publications related to the objectives of, and rationale behind, QE2. The analysis of some key Fed commentary on quantitative easing allows us to better understand the Fed’s perspective relative to QE’s possible impact on the financial markets, investing, the economy, interest rates, asset prices, and the wealth effect. Today’s quantitative easing video also touches on the following:Duration of QE programConsumptionInvestmentBen Bernanke’s “printing press” speechUS dollar devaluationFiat / paper money systemSpendingInflationDividend-paying securities (video link below) Disclosure: Author long GLD, UDN, SLV, JJC, DBA, FXA and EEMAbout the author: Chris Ciovacco. Chris began his investment career with Morgan Stanley in Atlanta in 1994. With a focus on global macro investing, Chris uses both fundamental and technical analysis to assist in managing risk while looking for growth opportunities around the world in all asset classes.
Eldora Gold Resources Canada News- The key to next week’s Fed statement on quantitative easing will be how they address the concept of “whatever it takes for as long as necessary. ” We can use gold and the US dollar to monitor the market’s reaction to QE2 and the stock market. On October 11th in U. S. Dollar Could Rally In Coming Weeks, we hypothesized QE2 could be a “buy the rumor, sell the news event” relative to risk assets. Since October 11th, the dollar index has moved from 77. 18 as high as 78. 36; a move above 78. 36 would increase the odds of the US dollar having a multi-week countertrend rally. On October 13th with the S&P trading at 1,169, we listed 1,196 as a possible short-term upside target. The S&P 500′s intraday high on October 25th was 1,196, which means we have entered a zone where the odds of a short-to-intermediate-term reversal have increased (emphasis on odds). Stock market breadth on October 26th was weak, adding to the list of concerns over the next few days. Eldora Gold Resources Canada News- We recently mentioned some yellow flags in the gold market. Thus far, gold is holding up well enough that a push to new highs still could be in the cards. From a short-term bearish perspective, a break of the thin blue trendline below would increase our concerns about a correction in gold. The long-term fundamentals for gold remain sound. As we monitor gold, QE and the dollar, we must also consider the possible impact on “weak dollar assets” such as gold, silver, copper, oil, agricultural commodities, Australian dollar, Canadian dollar, and emerging markets.
Video: What Is Quantitative Easing?Eldora Gold Resources Canada News- In part three of our six part series on quantitative easing, we examine Fed statements, writings, and publications related to the objectives of, and rationale behind, QE2. The analysis of some key Fed commentary on quantitative easing allows us to better understand the Fed’s perspective relative to QE’s possible impact on the financial markets, investing, the economy, interest rates, asset prices, and the wealth effect. Today’s quantitative easing video also touches on the following:Duration of QE programConsumptionInvestmentBen Bernanke’s “printing press” speechUS dollar devaluationFiat / paper money systemSpendingInflationDividend-paying securities (video link below) Disclosure: Author long GLD, UDN, SLV, JJC, DBA, FXA and EEMAbout the author: Chris Ciovacco. Chris began his investment career with Morgan Stanley in Atlanta in 1994. With a focus on global macro investing, Chris uses both fundamental and technical analysis to assist in managing risk while looking for growth opportunities around the world in all asset classes.
Focus: About Eldora Gold Resources Canada
About Eldora Gold Resources Canada: Eldora Gold was founded by a group of experts in the mineral recovery and mining industry, whose focus is to provide accurate information, state of the art equipment and outstanding customer service. There are 3 core founders, each with a unique and extensive background.
The President has been involved in technical sales and engineering for over 25 years holding 5 certificates in ferrous metallurgy and is a member of the Society of Manufacturing Engineers. He also brings with him and extensive manufacturing background and a strong sales history specializing in the technical sales of Eldora Gold Resources Canada’s tailings processing service along with the Property Evaluation service.
Our Chief Geologist has been a consultant/contractor in the mining exploration industry for over 20 years and holds a BSc In Geology from McMaster University. With extensive mining and database experience from projects worldwide, his client list is very extensive and includes some of the top names in the mining industry. Specializing in Property Evaluation using Eldora Gold Resources Canada’s data analysis process he offers accurate property reports using the latest technology.
About Eldora Gold Resources Canada: The Company’s Technical Manager has more than 30 years experience in manufacturing and process plant operations holding a BSc In Metallurgical Engineering from the University of Toronto as well as significant experience in precious metals refining. He also holds a US patent in Cadmium-free gold solder alloys. He specializes in the tailings processing technology and all engineering aspects of Eldora Gold Resources Canada’s proprietary equipment and techniques.
Eldora Gold Resources Canada has developed and is offering a proprietary separation technique for extracting mineral content from mining tailings.
Our technology has no up-front cost to the client due to the low capital cost of the equipment. Eldora Gold Resources Canada will start by verifying the mineral content of the tailings through certified sample testing and we will supply the equipment and training necessary to extract the mineral concentrate.
Frankfurt Listing. Eldora Gold Resources Canada has applied for a listing on the Frankfurt Stock Exchange – Open Market.
The company expects to have achieved its full listing status during the 4th Quarter of 2010. Please direct all Investor Inquiries to
Tailings Processing. Tailings Processing is our operations division which provides a chemical free, environmentally friendly solution to the process of extracting minerals from tailings.
Eldora Gold Resources Canada has developed proprietary equipment and techniques that extract mineral concentrate from existing tailings. Our technique also reduces the negative environmental effect of the chemicals remaining in the tailings from the original mining process.
Our low capital cost approach and high mineral recovery percentage provides an extremely profitable option for our clients. Eldora Gold also provides a database of buyers willing to purchase the concentrate.
Tailings Processing Technology. Eldora Gold Resources Canada has developed and is offering a proprietary separation technique for extracting mineral content from mining tailings. Our technology has no up-front cost to the client due to the low capital cost of the equipment.
The President has been involved in technical sales and engineering for over 25 years holding 5 certificates in ferrous metallurgy and is a member of the Society of Manufacturing Engineers. He also brings with him and extensive manufacturing background and a strong sales history specializing in the technical sales of Eldora Gold Resources Canada’s tailings processing service along with the Property Evaluation service.
Our Chief Geologist has been a consultant/contractor in the mining exploration industry for over 20 years and holds a BSc In Geology from McMaster University. With extensive mining and database experience from projects worldwide, his client list is very extensive and includes some of the top names in the mining industry. Specializing in Property Evaluation using Eldora Gold Resources Canada’s data analysis process he offers accurate property reports using the latest technology.
About Eldora Gold Resources Canada: The Company’s Technical Manager has more than 30 years experience in manufacturing and process plant operations holding a BSc In Metallurgical Engineering from the University of Toronto as well as significant experience in precious metals refining. He also holds a US patent in Cadmium-free gold solder alloys. He specializes in the tailings processing technology and all engineering aspects of Eldora Gold Resources Canada’s proprietary equipment and techniques.
Eldora Gold Resources Canada has developed and is offering a proprietary separation technique for extracting mineral content from mining tailings.
Our technology has no up-front cost to the client due to the low capital cost of the equipment. Eldora Gold Resources Canada will start by verifying the mineral content of the tailings through certified sample testing and we will supply the equipment and training necessary to extract the mineral concentrate.
Frankfurt Listing. Eldora Gold Resources Canada has applied for a listing on the Frankfurt Stock Exchange – Open Market.
The company expects to have achieved its full listing status during the 4th Quarter of 2010. Please direct all Investor Inquiries to
Tailings Processing. Tailings Processing is our operations division which provides a chemical free, environmentally friendly solution to the process of extracting minerals from tailings.
Eldora Gold Resources Canada has developed proprietary equipment and techniques that extract mineral concentrate from existing tailings. Our technique also reduces the negative environmental effect of the chemicals remaining in the tailings from the original mining process.
Our low capital cost approach and high mineral recovery percentage provides an extremely profitable option for our clients. Eldora Gold also provides a database of buyers willing to purchase the concentrate.
Tailings Processing Technology. Eldora Gold Resources Canada has developed and is offering a proprietary separation technique for extracting mineral content from mining tailings. Our technology has no up-front cost to the client due to the low capital cost of the equipment.
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